SFGate: – Banks double investment in U.S. Treasury Bonds - With the economy still tanking and showing little sign of recovery, banks are taking refuge in U.S. Treasury Bonds. The major U.S. banks have bought $136.4 billion in Treasury and government agency debt so far this year, more than double the $62.6 billion for all of 2011.

Bloomberg: – U.S. Treasury 30-Year yields are down from 3 month high – Treasury 30-year yields fell from their three-month high after the European Central Bank (ECB) said it hadn’t yet discussed a plan to target bond yields of European member states, fueling concerns that European leaders are failing to stem the crisis.

MarketWatch: – Treasury’s pare losses after conflicting ECB report – U.S. Treasury prices pared a decline on Monday, after the European Central Bank (ECB) called a recent report in Germany’s Der Speigel misleading. The report stated that the ECB was considering a plan to cap euro-zone government-bond yields.